Bill > SF160

This bill provides a sales and use tax exemption specifically for construction materials used in building a new prekindergarten through grade 12 school building for Martin County West Independent School District (District No. 2448). The tax exemption applies to materials, supplies, and equipment purchased between September 30, 2025, and January 1, 2027. Although the materials will initially be subject to sales tax, they will be eligible for a full refund, effectively making them tax-exempt. The bill requires the sales tax to be initially collected at the standard rate and then refunded through a process similar to other tax exemption projects in Minnesota. The amount needed to process these refunds will be appropriated from the state's general fund to the commissioner of revenue. This targeted tax exemption is designed to reduce the financial burden of constructing a new school building by eliminating sales and use taxes on construction-related purchases during a specific timeframe.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0160&ssn=0&y=2025